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Bank failure · NJ

The Bank of Bloomfield (Bloomfield, NJ) — failed January 10, 1976

The Bank of Bloomfield of Bloomfield, New Jersey was closed on January 10, 1976 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $31.7M in assets and $26.0M in deposits.

Closing date
January 10, 1976
FDIC certificate #
18798
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1976

What happens when a bank fails